Call reports 2023
MOUNTAIN COMMERCE BANK — 2023
What MOUNTAIN COMMERCE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,697,313,000 | 1,718,046,000 | 1,720,480,000 | 1,737,060,000 |
| Total loans | 1,361,210,000 | 1,404,098,000 | 1,435,629,000 | 1,452,871,000 |
| Allowance for loan losses | 12,313,000 | 11,974,000 | 11,858,000 | 13,034,000 |
| Securities available for sale | 137,625,000 | 134,089,000 | 124,444,000 | 130,224,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,387,040,000 | 1,423,894,000 | 1,415,180,000 | 1,477,601,000 |
| Interest-bearing deposits | 1,086,892,000 | 1,093,887,000 | 1,137,213,000 | 1,226,049,000 |
| Noninterest-bearing deposits | 300,148,000 | 330,007,000 | 277,967,000 | 251,552,000 |
| Equity capital | 144,943,000 | 145,009,000 | 143,597,000 | 146,571,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 18,747,000 | 38,950,000 | 60,338,000 | 82,342,000 |
| Interest expense | 8,926,000 | 20,735,000 | 33,550,000 | 47,416,000 |
| Net interest income | 9,821,000 | 18,215,000 | 26,788,000 | 34,926,000 |
| Noninterest income | 689,000 | 1,520,000 | 1,978,000 | 2,746,000 |
| Noninterest expense | 5,952,000 | 12,053,000 | 17,661,000 | 24,031,000 |
| Provision for loan losses | 484,000 | 171,000 | 72,000 | 1,641,000 |
| Pretax income | 3,445,000 | 6,916,000 | 10,699,000 | 11,096,000 |
| Income tax | 721,000 | 1,294,000 | 2,096,000 | 2,428,000 |
| Net income | 2,724,000 | 5,622,000 | 8,603,000 | 8,668,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 161,263,000 | 162,681,000 | 164,428,000 | 162,786,000 |
| Total capital | 175,186,000 | 176,017,000 | 177,336,000 | 176,683,000 |
| Risk-weighted assets | 1,379,169,000 | 1,416,879,000 | 1,449,276,000 | 1,459,118,000 |